Home > Quick > Body

Empery Digital Sells Bitcoin to Fund Stock Buybacks

clock
2026-04-01 03:13:32
Empery Digital, a Bitcoin treasury company, recently disclosed the sale of 79 Bitcoins at an average price of $71,031, generating approximately $5.6 million. According to Foresight News, this transaction reduced the company's total Bitcoin holdings to 3,359. As of March 27, Empery Digital has spent around $137 million repurchasing 23,630,147 shares of common stock. The company plans to continue selling Bitcoin as needed to finance future stock buybacks and potentially repay some debt.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.